At a bottom now for gold? Message Board

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Gold/Mining/Energy : At a bottom now for gold?

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To: Alan Whirlwind who wrote (756)	9/1/1997 6:38:00 AM
From: Bobby Yellin	of 1911

also one doesn't get a return on gold..(I guess unless you sell forward and keep the price down)...if interest rates are low then you don't make much holding bonds,notes,etc...if interest rates go up..then you can get a nice return and gold can't compete...if interest rates go up up and away which doesn't look possible these days..then inflation worries have already kicked in and people might buy gold too... I think a lot of us are looking for the eventual cratering of the dollar besides growing supply/demand imbalances.. if more and more southeast currencies are no longer pegging themselves to the dollar..does that help destabilize the dollar down the pike? since there will be less interest in maintaining its status quo?

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